NEXI SPA (NEXI.MI) Stock Fundamental Analysis
BIT:NEXI - Euronext Milan - IT0005366767 - Common Stock - Currency: EUR
Overall NEXI gets a fundamental rating of 4 out of 10. We evaluated NEXI against 47 industry peers in the Financial Services industry. NEXI has a bad profitability rating. Also its financial health evaluation is rather negative. NEXI has a decent growth rate and is not valued too expensively. Finally NEXI also has an excellent dividend rating.
1. Profitability
1.1 Basic Checks
NEXI had positive earnings in the past year.
In the past year NEXI had a positive cash flow from operations.
NEXI had positive earnings in 4 of the past 5 years.
NEXI had a positive operating cash flow in each of the past 5 years.
1.2 Ratios
With a Return On Assets value of 0.68%, NEXI is not doing good in the industry: 63.83% of the companies in the same industry are doing better.
The Return On Equity of NEXI (1.53%) is worse than 63.83% of its industry peers.
NEXI's Return On Invested Capital of 1.29% is on the low side compared to the rest of the industry. NEXI is outperformed by 68.09% of its industry peers.
NEXI had an Average Return On Invested Capital over the past 3 years of 1.03%. This is significantly below the industry average of 10.14%.
The last Return On Invested Capital (1.29%) for NEXI is above the 3 year average (1.03%), which is a sign of increasing profitability.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.68% | ||
| ROE | 1.53% | ||
| ROIC | 1.29% |
ROA(3y)-0.86%
ROA(5y)-0.08%
ROE(3y)-2.09%
ROE(5y)0.46%
ROIC(3y)1.03%
ROIC(5y)1.15%
1.3 Margins
Looking at the Profit Margin, with a value of 2.85%, NEXI is doing worse than 63.83% of the companies in the same industry.
NEXI's Profit Margin has declined in the last couple of years.
Looking at the Operating Margin, with a value of 7.08%, NEXI is doing worse than 68.09% of the companies in the same industry.
NEXI's Operating Margin has improved in the last couple of years.
The Gross Margin of NEXI (57.47%) is comparable to the rest of the industry.
NEXI's Gross Margin has been stable in the last couple of years.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| OM | 7.08% | ||
| PM (TTM) | 2.85% | ||
| GM | 57.47% |
OM growth 3Y63.82%
OM growth 5Y17.09%
PM growth 3Y28.31%
PM growth 5Y-21%
GM growth 3Y1.91%
GM growth 5Y0.61%
2. Health
2.1 Basic Checks
With a Return on Invested Capital (ROIC) below the Cost of Capital (WACC), NEXI is destroying value.
Compared to 1 year ago, NEXI has less shares outstanding
Compared to 5 years ago, NEXI has more shares outstanding
NEXI has a better debt/assets ratio than last year.
2.2 Solvency
NEXI has an Altman-Z score of 0.87. This is a bad value and indicates that NEXI is not financially healthy and even has some risk of bankruptcy.
NEXI has a Altman-Z score of 0.87. This is in the lower half of the industry: NEXI underperforms 61.70% of its industry peers.
The Debt to FCF ratio of NEXI is 19.36, which is on the high side as it means it would take NEXI, 19.36 years of fcf income to pay off all of its debts.
The Debt to FCF ratio of NEXI (19.36) is worse than 63.83% of its industry peers.
A Debt/Equity ratio of 0.93 indicates that NEXI is somewhat dependend on debt financing.
With a Debt to Equity ratio value of 0.93, NEXI is not doing good in the industry: 63.83% of the companies in the same industry are doing better.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 19.36 | ||
| Altman-Z | 0.87 |
ROIC/WACC0.19
WACC6.87%
2.3 Liquidity
A Current Ratio of 0.02 indicates that NEXI may have some problems paying its short term obligations.
Looking at the Current ratio, with a value of 0.02, NEXI is doing worse than 78.72% of the companies in the same industry.
NEXI has a Quick Ratio of 0.02. This is a bad value and indicates that NEXI is not financially healthy enough and could expect problems in meeting its short term obligations.
NEXI has a Quick ratio of 0.01. This is in the lower half of the industry: NEXI underperforms 78.72% of its industry peers.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.01 |
3. Growth
3.1 Past
NEXI shows a strong growth in Earnings Per Share. In the last year, the EPS has been growing by 119.23%, which is quite impressive.
NEXI shows a decrease in Earnings Per Share. Measured over the last years, the EPS has been decreasing by -7.37% yearly.
Looking at the last year, NEXI shows a small growth in Revenue. The Revenue has grown by 6.48% in the last year.
Measured over the past years, NEXI shows a very strong growth in Revenue. The Revenue has been growing by 32.10% on average per year.
EPS 1Y (TTM)119.23%
EPS 3Y55.36%
EPS 5Y-7.37%
EPS Q2Q%N/A
Revenue 1Y (TTM)6.48%
Revenue growth 3Y28.05%
Revenue growth 5Y32.1%
Sales Q2Q%N/A
3.2 Future
Based on estimates for the next years, NEXI will show a quite strong growth in Earnings Per Share. The EPS will grow by 14.56% on average per year.
The Revenue is expected to grow by 0.66% on average over the next years.
EPS Next Y16.19%
EPS Next 2Y13.72%
EPS Next 3Y13.12%
EPS Next 5Y14.56%
Revenue Next Year3.26%
Revenue Next 2Y3.96%
Revenue Next 3Y4.33%
Revenue Next 5Y0.66%
3.3 Evolution
The EPS growth rate is accelerating: in the next years the growth will be better than in the last years.
The Revenue growth rate is decreasing: in the next years the growth will be less than in the last years.
4. Valuation
4.1 Price/Earnings Ratio
Based on the Price/Earnings ratio of 33.99, the valuation of NEXI can be described as expensive.
Compared to the rest of the industry, the Price/Earnings ratio of NEXI is on the same level as its industry peers.
The average S&P500 Price/Earnings ratio is at 27.45. NEXI is valued slightly more expensive when compared to this.
Based on the Price/Forward Earnings ratio of 6.65, the valuation of NEXI can be described as very cheap.
89.36% of the companies in the same industry are more expensive than NEXI, based on the Price/Forward Earnings ratio.
Compared to an average S&P500 Price/Forward Earnings ratio of 21.90, NEXI is valued rather cheaply.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.99 | ||
| Fwd PE | 6.65 |
4.2 Price Multiples
NEXI's Enterprise Value to EBITDA ratio is a bit cheaper when compared to the industry. NEXI is cheaper than 70.21% of the companies in the same industry.
Based on the Price/Free Cash Flow ratio, NEXI is valued a bit cheaper than 72.34% of the companies in the same industry.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| P/FCF | 11.9 | ||
| EV/EBITDA | 7.36 |
4.3 Compensation for Growth
The high PEG Ratio(NY), which compensates the Price/Earnings for growth, indicates an expensive valuation of the company.
NEXI's earnings are expected to grow with 13.12% in the coming years. This may justify a more expensive valuation.
PEG (NY)2.1
PEG (5Y)N/A
EPS Next 2Y13.72%
EPS Next 3Y13.12%
5. Dividend
5.1 Amount
NEXI has a Yearly Dividend Yield of 4.90%, which is a nice return.
NEXI's Dividend Yield is rather good when compared to the industry average which is at 3.85. NEXI pays more dividend than 82.98% of the companies in the same industry.
NEXI's Dividend Yield is rather good when compared to the S&P500 average which is at 2.42.
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
5.2 History
Dividend Growth(5Y)N/A
Div Incr Years0
Div Non Decr Years0
5.3 Sustainability
NEXI pays out 1.75% of its income as dividend. This is a sustainable payout ratio.
DP1.75%
EPS Next 2Y13.72%
EPS Next 3Y13.12%
BIT:NEXI (7/3/2025, 7:00:00 PM)
5.098
-0.05 (-0.93%)
Chartmill FA Rating
GICS SectorFinancials
GICS IndustryGroupFinancial Services
GICS IndustryFinancial Services
Earnings (Last)
Earnings (Next)
Inst Owners16.17%
Inst Owner ChangeN/A
Ins OwnersN/A
Ins Owner ChangeN/A
Market Cap6.27B
Analysts79.09
Price Target7.02 (37.7%)
Short Float %N/A
Short RatioN/A
Dividend
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Dividend Yield | 4.9% |
Yearly Dividend0
Dividend Growth(5Y)N/A
DP1.75%
Div Incr Years0
Div Non Decr Years0
Ex-DateN/A
Surprises & Revisions
EPS beat(2)N/A
Avg EPS beat(2)N/A
Min EPS beat(2)N/A
Max EPS beat(2)N/A
EPS beat(4)N/A
Avg EPS beat(4)N/A
Min EPS beat(4)N/A
Max EPS beat(4)N/A
EPS beat(8)N/A
Avg EPS beat(8)N/A
EPS beat(12)N/A
Avg EPS beat(12)N/A
EPS beat(16)N/A
Avg EPS beat(16)N/A
Revenue beat(2)N/A
Avg Revenue beat(2)N/A
Min Revenue beat(2)N/A
Max Revenue beat(2)N/A
Revenue beat(4)N/A
Avg Revenue beat(4)N/A
Min Revenue beat(4)N/A
Max Revenue beat(4)N/A
Revenue beat(8)N/A
Avg Revenue beat(8)N/A
Revenue beat(12)N/A
Avg Revenue beat(12)N/A
Revenue beat(16)N/A
Avg Revenue beat(16)N/A
PT rev (1m)-0.01%
PT rev (3m)-0.68%
EPS NQ rev (1m)N/A
EPS NQ rev (3m)N/A
EPS NY rev (1m)0%
EPS NY rev (3m)0.91%
Revenue NQ rev (1m)N/A
Revenue NQ rev (3m)N/A
Revenue NY rev (1m)0%
Revenue NY rev (3m)3.26%
Valuation
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| PE | 33.99 | ||
| Fwd PE | 6.65 | ||
| P/S | 1.07 | ||
| P/FCF | 11.9 | ||
| P/OCF | 6.44 | ||
| P/B | 0.57 | ||
| P/tB | N/A | ||
| EV/EBITDA | 7.36 |
EPS(TTM)0.15
EY2.94%
EPS(NY)0.77
Fwd EY15.04%
FCF(TTM)0.43
FCFY8.4%
OCF(TTM)0.79
OCFY15.53%
SpS4.78
BVpS8.89
TBVpS-4.26
PEG (NY)2.1
PEG (5Y)N/A
Profitability
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| ROA | 0.68% | ||
| ROE | 1.53% | ||
| ROCE | 2.38% | ||
| ROIC | 1.29% | ||
| ROICexc | 1.3% | ||
| ROICexgc | 4.99% | ||
| OM | 7.08% | ||
| PM (TTM) | 2.85% | ||
| GM | 57.47% | ||
| FCFM | 8.96% |
ROA(3y)-0.86%
ROA(5y)-0.08%
ROE(3y)-2.09%
ROE(5y)0.46%
ROIC(3y)1.03%
ROIC(5y)1.15%
ROICexc(3y)1.05%
ROICexc(5y)1.18%
ROICexgc(3y)4.14%
ROICexgc(5y)4.26%
ROCE(3y)1.85%
ROCE(5y)2.32%
ROICexcg growth 3Y85.42%
ROICexcg growth 5Y23.49%
ROICexc growth 3Y107.74%
ROICexc growth 5Y13.46%
OM growth 3Y63.82%
OM growth 5Y17.09%
PM growth 3Y28.31%
PM growth 5Y-21%
GM growth 3Y1.91%
GM growth 5Y0.61%
F-Score7
Asset Turnover0.24
Health
| Industry Rank | Sector Rank | ||
|---|---|---|---|
| Debt/Equity | 0.93 | ||
| Debt/FCF | 19.36 | ||
| Debt/EBITDA | 7.69 | ||
| Cap/Depr | 49.05% | ||
| Cap/Sales | 7.6% | ||
| Interest Coverage | 250 | ||
| Cash Conversion | 73.37% | ||
| Profit Quality | 314.92% | ||
| Current Ratio | 0.02 | ||
| Quick Ratio | 0.01 | ||
| Altman-Z | 0.87 |
F-Score7
WACC6.87%
ROIC/WACC0.19
Cap/Depr(3y)42.35%
Cap/Depr(5y)56.56%
Cap/Sales(3y)8.77%
Cap/Sales(5y)9%
Profit Quality(3y)N/A
Profit Quality(5y)N/A
High Growth Momentum
Growth
EPS 1Y (TTM)119.23%
EPS 3Y55.36%
EPS 5Y-7.37%
EPS Q2Q%N/A
EPS Next Y16.19%
EPS Next 2Y13.72%
EPS Next 3Y13.12%
EPS Next 5Y14.56%
Revenue 1Y (TTM)6.48%
Revenue growth 3Y28.05%
Revenue growth 5Y32.1%
Sales Q2Q%N/A
Revenue Next Year3.26%
Revenue Next 2Y3.96%
Revenue Next 3Y4.33%
Revenue Next 5Y0.66%
EBIT growth 1Y7.2%
EBIT growth 3Y109.78%
EBIT growth 5Y54.68%
EBIT Next Year55.56%
EBIT Next 3Y21.2%
EBIT Next 5Y14.21%
FCF growth 1Y20.36%
FCF growth 3Y131.82%
FCF growth 5Y109.91%
OCF growth 1Y7.93%
OCF growth 3Y44.33%
OCF growth 5Y40.14%